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Latest / Chain Reaction by Capital Copilot

Bitcoin Reserve Plans Amid Market Shifts and Gold Surge

Bitcoin's market activity has been tumultuous with prices hovering around eighty-three thousand dollars after failing to break through the eighty-four thousand mark. Gold, meanwhile, has surged to three thousand dollars per ounce, overshadowing Bitcoin. This shift from risk-on assets like Bitcoin to safe-haven assets like gold is reflected in significant capital flows, with gold ETFs seeing massive inflows and Bitcoin ETFs experiencing outflows. Consequently, the crypto market cap has shed ov...

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